Payden & Rygel Decreases Stock Holdings in Exelon Corporation $EXC

Payden & Rygel lowered its stake in shares of Exelon Corporation (NASDAQ:EXC) by 29.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 287,310 shares of the company’s stock after selling 118,600 shares during the period. Payden & Rygel’s holdings in Exelon were worth $12,524,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Plimoth Trust Co. LLC grew its stake in shares of Exelon by 1.8% in the fourth quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock worth $569,000 after acquiring an additional 230 shares during the period. Verdence Capital Advisors LLC lifted its position in Exelon by 2.8% during the fourth quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock valued at $376,000 after purchasing an additional 233 shares during the period. Waterloo Capital L.P. boosted its holdings in Exelon by 2.7% in the third quarter. Waterloo Capital L.P. now owns 9,075 shares of the company’s stock worth $408,000 after purchasing an additional 236 shares during the last quarter. Axxcess Wealth Management LLC grew its position in Exelon by 2.2% in the 3rd quarter. Axxcess Wealth Management LLC now owns 11,058 shares of the company’s stock worth $498,000 after purchasing an additional 240 shares during the period. Finally, Seeds Investor LLC grew its position in Exelon by 2.6% in the 4th quarter. Seeds Investor LLC now owns 9,536 shares of the company’s stock worth $416,000 after purchasing an additional 241 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Up 1.4%

EXC opened at $43.97 on Tuesday. The firm’s 50 day simple moving average is $47.44 and its two-hundred day simple moving average is $46.06. The company has a market capitalization of $44.99 billion, a PE ratio of 16.11, a PEG ratio of 2.51 and a beta of 0.32. Exelon Corporation has a 1-year low of $42.11 and a 1-year high of $50.65. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The firm had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. During the same period in the prior year, the business posted $0.92 EPS. Exelon’s revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities analysts forecast that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be given a $0.42 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. Exelon’s dividend payout ratio is presently 61.54%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. UBS Group increased their price target on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a report on Friday, February 20th. Mizuho set a $48.00 price objective on Exelon and gave the stock a “neutral” rating in a report on Friday, April 17th. KeyCorp reduced their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Morgan Stanley dropped their target price on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Finally, Weiss Ratings upgraded Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $50.33.

About Exelon

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.